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    778 Myrtle Ave Brooklyn, NY 11206

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    778 Myrtle Ave Brooklyn, NY 11206


    • Retail residential properties
    • 46,038 SF
    • 0.17 lot acres
    New Retail Space in Bed-Stuy For Lease
    $10,770,000
    3,050 SF

    New Retail Space in Bed-Stuy

    New 3,050 SF retail space with high visibility.

    778 Myrtle Ave, Brooklyn, NY 11206
    View Listing
    Property ID
    US63-1860445
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail residential properties

    Property Details for 778 Myrtle Ave

    Lot size
    0.17 lot acres
    Property size
    46,038 SF
    Zone code
    R7D
    Property type
    Retail residential properties
    APN
    01754-0020
    APU
    17540020

    Description

    This exceptional 3,050-square-foot commercial space presents a unique opportunity in the vibrant Bed-Stuy neighborhood of Brooklyn, New York. Located at 778 Myrtle Avenue, this single-tenant property is situated on the ground floor of a newly constructed building. The space boasts an impressive 55 feet of frontage along Myrtle Avenue, ensuring maximum visibility and foot traffic. Large windows allow for abundant natural light, creating a bright and inviting atmosphere. The property's versatile layout makes it suitable for a variety of uses, including a fitness studio, wellness center, daycare facility, office space, art gallery, specialty retail store, or café. Its convenient location offers easy access to public transportation, with the subway just steps away. Nearby amenities include Duane Reade, FedEx, and Crown Fried Chicken, providing added convenience for both tenants and customers. This property is classified as both retail and office space, offering flexibility for potential tenants. The property is located in Kings County, New York, with a zip code of 11206. The building is a single-tenant structure, providing a unique and private environment. This is an ideal location for businesses seeking high visibility and a thriving community. The property's modern design and prime location make it a highly desirable commercial space in a rapidly developing area. This is a rare opportunity to secure a brand-new, well-positioned space in a sought-after Brooklyn neighborhood.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $13,806,000
      Market price range: $13.1M - $27.9M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $17,095,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9513
    Latitude
    40.6949
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,108
    $261,450
    $1,953,900
    $2,215,350
    -
    $581,000
    $4,342,000
    $4,923,000
    View Listing
    More about this property
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